Unfinished now, and bank owned, the Vineyards was once the jewel in the eye of Anderson. At least, the promise of a jewel.
I could go on and on about this development. Call me if you’d like more info. Somebody is going to get a terrific bargain. The buildout of this lovely project would change the face of Anderson in a overwhelmingly positive way.
Call or Text (530) 255 4070
Ask the real agricultural landowners what they think about locking away their private property rights until 2036. Ask the county planners what unintended consequences will result from a vote to approve Measure B: “(Russ) Mull calls the measure ironic for a different reason. It preserves the status quo, he said, and most land in Churn Creek Bottom isn’t actual farmland. ‘Probably the future of Churn Creek Bottom under this measure is houses,’ he said. ‘The entire Churn Creek Bottom will be houses.’” Educate yourself. Read this informative Measure B article in today’s Record Searchlight at the link.
So what real estate agent wouldn’t want more houses in the Churn Creek Bottom?
Me.
I have no land in the Churn Creek Bottom. It’s not in my best business interests to take any position at all, since I risk alienating potential clients who may disagree. But I truly believe that this will be a bad law if passed. Bad for the Bottom, bad for all of us. All the land use and development in the county deserves individual consideration of merit. Measure B takes a huge swath of property, and individual property rights, and ties it up for too long. It’s just bad law. Join me, and the Shasta Association of Realtors.
Vote NO on Measure B.
Two great homes on one very private 5 acre parcel. The main house has an oversized 4 car garage and shop. The second home has a 2 car garage.
The Main house has a 4 car detached garage and shop.
Huge inviting gunite pool.
Game room features a full Oak wet bar and opens on to the pool
Shifting market conditions are starting to make new homes much more attractive to home buyers than in recent years. Historic low inventory combined with upward price pressure on existing inventory means that it’s time to take a second look at new construction. At Silver Gate for instance, 3 really nice new 3/2 homes are less than $190,000 in Anderson. According to the mortgage calculator at the link, an FHA loan with 3.5% down and at 4% interest rate yields a $879 per month principal and interest payment. Of course, you may not get that rate or loan, but it can be seen as a ballpark figure. And as such, it would seem you could buy NEW for just about what you might pay in rent.
2200 Culpepper Lane Anderson CA 96007 $189,900
Listed for sale by Sam Yount of Banner Realty, its a 1421 sqft 3/2 on just over a 1/4 acre lot. It has fire sprinklers too, an awesome safety feature that also saves on insurance costs. Plus a one year warranty on everything.As always, you can see all the local homes for sale at http://TheAddressRealty.com
“March home sales and price report from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).
For release:
April 16, 2012
California median home price posts first year-to-year increase in 16 months;
low inventory demonstrates limited need for bulk REO sales, C.A.R. says.
Monte De Las Flores Home in West Redding by Skip Murphy
‘While home sales were down statewide, the housing market continued to perform at a solid pace by historical standards. In fact, sales jumped significantly in most regions of the state, with many areas experiencing double-digit gains,” said C.A.R. President LeFrancis Arnold. “Tight inventory and robust home sales, particularly in the San Francisco Bay Area, fueled the substantial increase in the March median home price.‘”
Read more of this interesting California Housing price trend article at the C.A.R. website, at the link.
Here locally, it certainly feels like prices are up, as demand has spiked. Still, Local housing prices are not necessarily subject to the traditional free market laws of supply and demand. With so much of our available inventory under direct control of the government and big banks, prices are set elsewhere.
We have more buyers than homes to sell. That’s evident in the inventory trend shown here, and we definitely feel it. Sales are up again this month. Not by a lot. Still, it’s a small trend. Our experience is that sales would be higher yet, but there’s just not much to sell lately. Here’s the chart:
Again, this is our own data from the Shasta MLS, and includes more than just Shasta County by taking in sales in Lake California. We use sales from the region that impacts our local home sales most, from Shingletown to Whiskeytown, and from Lakehead to Lake California. So you may see other figures elsewhere. This data is what we personally use, as most relevant to our Redding focus.
Inventory is becoming the key issue. If the laws of supply and demand are still in effect, prices should follow. We’ll see about that.
3 homes in the Parkview neighborhood of Redding
Here’s a trailer for a documentary I hope to see in full. It seems the Tiny House movement is gaining momentum.
“”TINY” is a short documentary film by Merete Mueller and Christopher Smith, about one man’s attempt to build a Tiny House in the mountains of Colorado.”
Click on the movie frame to see more.
“Micro architecture is maximizing ultra small places.”
I hope the idea catches on more widely. It will be interesting to see what results.
Thumbnail image links to original article
I always like to read S&Ps Case-Shiller report to see how housing is trending nationwide. They just released their latest report. Click on the image to link to the original. Although I like following housing trends, you have to take all the statistics with a large grain of salt. All real estate is local, and locally in the Redding housing market, the numbers are often too low to be statistically significant. Still, every month we get some breathless report about housing being up or down as though it were a stock market index. It’s just not. People need housing, and they often buy for emotional reasons not related to valuation. How can you predict individual emotions across regions?
Still, we like to peek.
Beauty is in the eye of the beholder, but no question this is one of the most beautifully photographed homes we’ve seen recently. 
Gorgeous by any standard. The 35 supplied full-sized images of this Tahoe Style Shingletown home reveal incredible detail and aesthetic appreciation. It’s also among the largest homes ever listed for sale in our MLS as a 5780 sqft 4/4 on 3 acres. Representing the seller is agent Charlie Kramm of Platinum Properties. He writes of it:
“ABSOLUTELY STUNNING custom log home located on 3 beautiful acres. Incredible architecture throughout, top of the line features, radiant floors, wrap around composite deck, observatory, views from every room, great room, media/bonus room, 1200sq ft garage, custom wet bar, finished walk in basement with full kitchen & bath. Close to fishing, hiking, CC skiing, & adjacent to Sierra Pacific land.”
Although it isn’t mentioned, we think you should be aware that this is a short sale, which is to say the list price is less than what is owed the lender. Offered at $104 per sqft, it’s a price that seems to us you could not duplicate if you were trying to build it new. Not even close. There are no guarantees that the lender will accept an offer at list price, but if you are interested in such a home as this, it seems worth a try. If successful, the buyer will be getting an awesome bargain. The seller has requested showings by appointment only, so call us if you’d like to see it, and we can arrange it for you.
As always, you can find a complete list of short sale and other distress sale homes for sale around here at http://ReddingForeclosures.info
EDIT: I just re-read this and realized I never mentioned the price. The old saying is if you have to ask, you can’t afford it, but that may not be true here. They are only asking $599K.
We are a special case here in the Redding area. But it’s interesting to see analysis of statewide trends from the California Association of Realtors.